$565,000

905 S Orange Avenue Bartow, FL 33830 Multi Unit - Multiple Active

  • 905 S Orange Avenue , Bartow, FL 33830 Main Photo

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Description

This 4 unit property, composed of 2 duplexes, is an excellent investment property located in the charming town of Bartow! Situated on a nice, large 1/3+ acre lot, these 2 duplexes have excellent curb appeal, really nice floor plans, & ample parking for all of the tenants in addition to some guest parking. All of the units are 2BR/1BA each & they feature spacious living/dining areas that flow nicely into the kitchen areas. The kitchens are all fully equipped with appliances & they all have plenty of cabinet space. The bedrooms are all generously sized and all of the bathrooms have tile floors & tub/shower combos. Additionally each unit has its own laundry room & almost all of the units have fairly new washers & dryers included with the sale. 2 of the units have nice wood laminate flooring throughout except for the tile in the bathrooms. The other 2 units have carpet in the living areas & BR's and either vinyl squares or wood laminate in kitchen/laundry areas. There are 4 electric meters so that each tenant can pay their own electric bills & there are 2 water meters with each building having its own water meter. The current owner includes the water in with the rents. This is an estate sale & so 2 of the 4 units are currently vacant, which makes it easy for viewing them & it's a great opportunity for the new owner to easily pick their tenants at whatever rental amount they choose for those 2 units. One of the other units has a long term occupancy with the same tenant for at least 6 or 7 years & that's on a month to month basis. The other rented unit has tenants that are on a 1 year lease, but said they'd love to stay another year if landlord is agreeable. Best yet, the roofs on both buildings are only about 5 years old. This property can also be purchased with the property next door that has another duplex on it as a package deal for all 3 of the duplexes at a discounted price of $800,000. The MLS# for the package deal opportunity is: P4939871 & the MLS# for the property next door listed on its own is: P493868. All measurements are approximate & all information should be confirmed by the buyer.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.34 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,340
Year Built: 1974

General Information

Bedrooms: 8
Sqft: 3,484
County: Polk
Subdivision: HOOKERS
Listed By:
Kennedy Matthews JULIE MATTHEWS GROUP LLC 863-528-0037

Amenities

Ceiling Fans(s)
L Dining
Living Room/Dining Room Combo
Sidewalk

Property Features

Additional Rooms: Inside Utility
Annual Net Income: 41200.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Directions: Turn left off E Main Street onto Orange Avenue & the property will be on your right.
Exterior: Block, Brick, Stucco
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Corner Lot, City Limits, Paved
Lot Dimensions: 0.34
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-2
$565,000
8beds
3,484sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET3,484 MLS#P4939869
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHOOKERS

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905 S Orange Avenue , Bartow, FL 33830.

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Estimated Payment

$ 2,515.44 per month $1,905.65 Principal & Interest $445.00 Property Tax $164.79 Homeowner's Insurance

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